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Choice white grease traded in a steady range out of the Missouri River market this morning. Sellers had been out with higher offers early in the week, but the strong supply has put a lid on the topside of the market. There has been increased interest from the biodiesel sector, but buyers seem well covered through August as July draws to a close.
Bleachable fancy tallow was quiet to close the week and month. There was interest for technical tallow at 32.5 Chicago earlier in the week, but thus far no sellers have shown any interest to sell at that value. Trading into the California and Gulf markets have been indicated at higher levels, values that work out to 36 – 38 delivered Chicago…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...